An employee walks in front of an Airbus A380 at the final assembly line at the Airbus headquarters in Blagnac near Toulouse, France in this file photo. (Reuters photo)PARIS/HAMBURG: Airbus prepared yesterday to celebrate its 50th anniversary with a private flypast for staff at its Toulouse base and low-key publicity as a new management seeks a break with the company's turbulent and theatrical past. But as it turns 50, Airbus is embroiled in soul-searching and management upheaval amid an ongoing corruption investigation and an austerity drive that has seen the budget for the birthday celebrations slashed and perks like executive dining reduced. Airbus invited Toulouse staff to a "special celebration" at which jetliners and the Patrouille de France display team were due to fly past factories and the group's plush headquarters, built under former chief executive Tom Enders. CEO Guillaume Faury, who took up his post last month, paid tribute to past generations of Airbus employees.

Source: Bangkok Post May 30, 2019 06:33 UTC